Now that the relationship with China has soured and the People’s Republic of China has become the greatest adversarial threat to the U.S. and Western security, policymakers should revisit thi…

The United States pays interest on approximately $850 billion in debt held by the People’s Republic of China. China, however, is currently in default on its sovereign debt held by American bondholders.

  • Logi@lemmy.world
    4·
    1 year ago

    If China is in default and no one cares

    And if China is in default and people start to care?

    You’re making a circular argument. Never mind this because nobody cares so we should all not care.